Reported as a scam / unregulated
Why ABET is on the register
ABET’s website provides no informat ion regarding regulation, which poses significant risks to its CFD investors. While ABET claims to be located in Bulgaria, a search on the list of supervised entities by the Bulgarian Financial Supervision Commission (FSC) returns no matching results. This suggests that the company may be operating illegally in its jurisdiction. ABET also claims to be registered in Anguilla. However, there is no authority that regulates forex trading in this jurisdiction. Therefore, ABET is highly likely to be completely unregulated and in fraudulent operation.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you to the right next step. A free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.